Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
52 MONKRIDGE GARDENS is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £170,000 in October 2018, which was around 28% below the average October 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2016, where the current energy rating was F, and the potential energy rating was B.
Land registry data shows four sales for 52 MONKRIDGE GARDENS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 52 MONKRIDGE GARDENS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2018 19 OCT | £170,000 | £237,680 | 28% below HPI |
2018 29 JUN | £130,000 | £230,361 | 44% below HPI |
2017 19 APR | £129,950 | £225,692 | 42% below HPI |
1999 15 OCT | £52,950 | £84,037 | 37% below HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The four 52 MONKRIDGE GARDENS sales between October 1999 and October 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2018 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
52 MONKRIDGE GARDENS is 62m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 52 MONKRIDGE GARDENS lies on this distribution: 4% of detached houses are smaller than 52 MONKRIDGE GARDENS, and 96% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
52 MONKRIDGE GARDENS sits on a plot of roughly 44.6 acres, or 180,524m². The below map shows the location of 52 MONKRIDGE GARDENS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 52 MONKRIDGE GARDENS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
52 MONKRIDGE GARDENS is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 52 on MONKRIDGE GARDENS.